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TheStreet Open House

Continental Resources Snags Twin Win: "Company" & "CEO" Of 2013 At Platts Global Energy Awards

NEW YORK, Dec. 12, 2013 /PRNewswire/ -- Continental Resources, a U.S.-based independent exploration and production company, snagged top honors at tonight's 15 th annual Platts Global Energy Awards, the industry's most recognized awards program. Besting an impressive list of finalists, the Oklahoma-based company left the stage with both "Energy Company" and "CEO" of the year titles.

Nearly 500 energy industry executives from 19 countries attended the black-tie gala emceed by CNBC television anchor Amanda Drury at the Waldorf Astoria in midtown Manhattan. The Awards, described as the "Oscars" of energy, included 18 performance categories which honored outstanding achievement in leadership, innovation, stewardship and entrepreneurship.

"Tonight's winners exemplify stories that have dominated headlines – shale leading the growth in U.S. natural gas and oil production, Asia remaining dominant as the energy demand engine, and solar staking a greater claim to the resource mix," said Larry Neal, president of Platts, a leading global energy and commodities information provider and host of the Awards. "We congratulate Harold Hamm for Continental's impressive dual win and applaud each of this year's winners and finalists for their contributions to the world's energy future."

In its selection of CEO of the Year , the independent judges panel was impressed by Continental Resource chief Harold Hamm's foresight, boldness in experimentation, and deployment of cutting-edge technology.  With these traits as drivers, Hamm steered the company to a first-mover advantage in the Bakken shale play of North Dakota and Montana, enabling it to amass a commanding acreage position in one of the largest contiguous oil fields discovered worldwide in more than 40 years.  

The Oklahoma-based, 46-year-old oil and gas company also received the highly-sought Energy Company of the Year , an award winner chosen by the judges from the entire list of finalist companies rather than a group of nominees. For this award, judges looked for all-around excellence in execution of a total energy strategy that focused on resource diversity, breadth of portfolio, and technological innovation, as well as concern for the environment, care for the consumer and commitment to sustainability.  Judges said Continental Resources was a standout by those measures and applauded the company's operating efficiencies, its plan to triple production and proven reserves within five years, while also optimizing takeaway capacity to reach key markets.

This year's winners of the Platts Global Energy Awards -- five individuals and 15 companies -- hailed from eight countries and three continents and were chosen from more than 200 nominations by the judges panel. Neither Platts nor its sponsors played any role in the selection of winners.

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